Green Infrastructure Finance : A Public-Private Partnership Approach to Climate Finance

In June 2012, the Green Infrastructure Finance Framework Report was published to address the constraints in financing green infrastructure and to develop a new approach to accelerate investments in low-emission technologies. The approach includes a financing and advisory interface, which clarifies the principles and concepts of the shared financing roles recommended by the methodology. The Framework attempts to bring clean investments towards a more familiar financing environment and to distance them from the charged political debate that has adversely affected the progress in international climate change discussions for over a decade. The detrimental effect of climate change is growing, yet clean investments are still grossly insufficient making it necessary to rethink the approach to greening the global energy mix. The need for some level of concessional financing or outright subsidy support is widely understood but the approach must be equitable, non-political and deliver a sufficient level of support. The concept of anchoring regulation in a country's existing public-private partnership (PPP) framework to focus on creating the right policy environment will greatly facilitate mainstream implementation and reduce costs. This aspect of the framework is widely understood by many developing country governments and can be easily replicated not only in East Asia, but also in other regions.

Bibliographic Details

Main Author:	Baietti, Aldo
Format:	Working Paper biblioteca
Language:	en_US
Published:	World Bank, Washington, DC 2013
Subjects:	allocation, arbitration, asset base, biomass, bonds, capital costs, capitalization, carbon, carbon finance, carbon market, carbon markets, carbon mitigation, carbon price, Carbon Prices, certified emission reductions, Clean Development Mechanism, clean energy, clean technologies, clean technology, Climate, climate change, CO2, coal, commercial contracts, competitive bidding, contributions to investment, cost effectiveness, developed countries, developing countries, developing country, economic benefits, economic development, economic instruments, electricity, electricity prices, eligibility criteria, emission, emission reductions, emission technologies, Emission Trading, emissions, Endowments, energy efficiency, energy mix, Energy Sources, enforceable contracts, environmental, environmental benefits, environmental economics, environmental policy, equilibrium, Export Financing, externalities, financial burden, Financial Costs, financial exposure, financial incentives, Financial instruments, financial market, financial measures, financial sector, financial subsidies, financial support, financial viability, financing needs, fossil fuel, fossil fuel use, fossil fuels, Framework Convention on Climate Change, funding sources, gap financing, GHG, GHGs, Global Environment Facility, greenhouse, greenhouse gas, greenhouse gas emissions, HFCs, host government, host governments, hybrid financing, industrial gases, Infrastructure Finance, infrastructure investments, investment choice, investment climate, investment decisions, investment financing, investment opportunities, Investment Policies, investment projects, issuance, long-term investments, low-carbon, marginal abatement, marginal abatement cost, market maker, market price, Monetary Value, N2O, PFCs, Policy Environment, pollution, present value, private finance, private financing, Public finance, public goods, Public-Private Partnership, public-private partnerships, rate of return, rates of return, Regional Carbon, Regional Carbon Markets, registration process, regulatory authority, regulatory framework, regulatory frameworks, renewable energy, returns, sustainable development, Tax, Tax Incentives, tax liabilities, third-party risk, total benefits, transaction, transaction cost, transparency, Union, wind, wind energy,
Online Access:	http://hdl.handle.net/10986/14857
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